Community bank profit jumps 197pc

TOL Gases Limited is mulling to start selling its products to Kenya, Zambia and Zimbabwe as the company’s 2014 profit more than doubles.

Bank M’s net profit for the second quarter of the current calendar year went up by 9.375 per cent compared to a similar quarter in 2013, latest financial figures show.

Exim Bank Group posted a Sh5.4 billion pre-tax profit during the third quarter of this year.

Exim Bank registered a pretax profit of Sh6.4 billion during the first three months of this year – a 42 per cent increase compared to a similar period in 2013.

Exim Bank Tanzania Chief Finance Officer, Mr. Selemani Ponda (Centre) briefs journalists at a news conference to announce the bank’s financial results for the first quarter of 2014 in Dar es Salaam Looking on is Head of Treasury, Mr. George Shumbusho (first left) and Seniour Finance Manager, Mr Issa Hamisi (first right). The EXIM Bank Group 1st quarter (Q1) 2014 pretax profit rose by 42% to TZS 6.4 billion from the same period last year as per recently published results.
“We are pleased...

DCB Commercial Bank has said it expects to increase profit after tax to Sh4 billion this year from Sh3.8 billion posted last year.

Equity Bank’s net profit rose by 230.9 per cent during the year ending September 2015 as the financial entity steps up efforts to reach the unbanked segment of the population.

 Bank M closed 2014 with a pretax profit of Sh20.1 billion on a mix of earnings from interests on lending foreign currency as well as fees and commissions, it was announced

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Pastoral community applauds Airtel for fostering rural community development
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Airtel Tanzania managing director Sunil Colaso (L) shares a hearty moment with UNESCO communication expert Al-Amin Yusuph (2nd R). Villagers of Loliondo in Arusha Region yesterday paid a courtesy visit to the Airtel Offices in Dar es Salaam to express ...